Press release
Cryogenic Tanks Market to Reach USD 9.61 Billion by 2030, Growing at a 5.9 Percentage CAGR from 2024 to 2030
Cryogenic Tanks Market
The Cryogenic Tanks Market is experiencing significant growth due to rising applications in laboratories, pharmaceuticals, and chemical plants, along with increasing LNG demand. The market, projected to grow over 6% annually, is driven by its use in industrial gases and food and beverage sectors. However, challenges such as high raw material costs and maintenance expenses could hinder growth. Asia Pacific leads the market, with substantial growth expected in North America, while competitive strategies among major players shape the evolving landscape.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/request-sample/55270/
๐๐ซ๐ฒ๐จ๐ ๐๐ง๐ข๐ ๐๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ:
The Cryogenic Tanks Market is expanding because of increased use in labs, pharmaceutical industries, and chemical facilities, as well as the growing need for LNG and improved healthcare facilities in emerging markets such as China, India, and Japan. Nevertheless, expansion is constrained by increasing costs of materials and high operation and maintenance fees for cryogenic storage tanks. There is an anticipation that the market will experience a growth of more than 6% in the upcoming year.
๐๐ซ๐ฒ๐จ๐ ๐๐ง๐ข๐ ๐๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
In 2023, the Asia-Pacific cryogenic tanks market held a 35.0% share, driven by LNG infrastructure expansion and demand in industrial sectors, with a 5.9% CAGR projected by 2030. China leads LNG consumption. North America will see a 6.5% CAGR, while Africa shows minimal growth due to limited developments.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/request-sample/55270/
๐๐ซ๐ฒ๐จ๐ ๐๐ง๐ข๐ ๐๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐:
๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ ๐ข๐ง 2023: USD 6.43 Bn.
๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ ๐ข๐ง 2030: USD 9.61 Bn.
๐๐๐๐: 5.9% (2024-2030)
๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐ซ๐ข๐จ๐: 2024-2030
๐๐๐ฌ๐ ๐๐๐๐ซ: 2023
๐๐ฎ๐ฆ๐๐๐ซ ๐จ๐ ๐๐๐ ๐๐ฌ: 280
๐๐จ. ๐จ๐ ๐๐๐๐ฅ๐๐ฌ: 117
๐๐จ. ๐จ๐ ๐๐ก๐๐ซ๐ญ๐ฌ ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ: 116
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐๐จ๐ฉ๐ North America, Europe, Asia Pacific, Middle East and Africa, South America
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.
๐๐ซ๐ฒ๐จ๐ ๐๐ง๐ข๐ ๐๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐๐ฐ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ
Steel
Nickel Alloy
Aluminium Alloy
Others
๐๐ฒ ๐๐ซ๐ฒ๐จ๐ ๐๐ง๐ข๐ ๐๐ข๐ช๐ฎ๐ข๐
Liquid Nitrogen
Liquefied Natural Gas (LNG)
Liquid Hydrogen
Others
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Storage
Transportation
๐๐ฒ ๐๐ง๐-๐๐ฌ๐๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Metal Processing
Energy Generation
Electronics
Medical Technology
Food & Beverages
Water Treatment
Others
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/55270/
๐๐ซ๐ฒ๐จ๐ ๐๐ง๐ข๐ ๐๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
Wessington Cryogenics
ISISAN ISI SAN. VE TฤฐC .A.ล.
Air Products
Air Water
FIBA Technologies
Taylor-worton
Sure tank
Zhangjiagang Furui
Zhuhai Gongtong
Suzhou Huafu
Praxair
Eden Cryogenics
FIBA Technologies
Vrv S.P.A
Cryoquip Australia
๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐:https://www.maximizemarketresearch.com/market-report/global-cryogenic-tanks-market/55270/
๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ก๐๐ฌ ๐๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐
๐๐ก๐ ๐๐๐ง๐ฌ๐ข๐ฅ๐ ๐๐ซ๐๐ก๐ข๐ญ๐๐๐ญ๐ฎ๐ซ๐ ๐๐๐ฆ๐๐ซ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ size was valued at USD 1.52 Billion in 2023 and the total Tensile Architecture Membrane Market revenue is expected to grow at a CAGR of 5.66% from 2024 to 2030, reaching nearly USD 2.24 Billion. The tensile architecture membrane market has experienced substantial growth, driven by various key factors.
๐๐๐ญ ๐๐ง๐๐จ: https://www.maximizemarketresearch.com/market-report/tensile-architecture-membrane-market/256789/
๐๐ก๐ ๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ข๐๐ฅ ๐๐ข๐ง๐ ๐ฅ๐-๐ฉ๐ฅ๐ฒ ๐๐๐ฆ๐๐ซ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ size was valued at USD 940.40 Million in 2023 and the total Commercial Single-ply Membrane Market revenue is expected to grow at a CAGR of 5.56 % from 2024 to 2030, reaching nearly USD 1373.04 Million. Key players in the industry, including Holcim, IKO, Siplast, and Carlisle Companies are actively contributing to market growth through strategic acquisitions, product innovations, and regional growth.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/commercial-single-ply-membrane-market/256671/
๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฉ๐ก๐ญ๐ก๐๐ฅ๐๐ฆ๐ข๐๐ ๐๐๐ฌ๐ข๐ง ๐๐๐ซ๐ค๐๐ญ is expected to reach US$ 5.83 Bn. by 2029, at a CAGR of 6.2% during the forecast period.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/global-polyphthalamide-resin-market/96005/
2,6-Xylenol Market is expected to reach US$ 3660.09 Mn. by 2029, at a CAGR of 5.8% during the forecast period.
๐๐๐ญ ๐๐ง๐๐จ: https://www.maximizemarketresearch.com/market-report/global-26-xylenol-market/72890/
๐๐ง๐๐๐ฅ๐ข๐ง๐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฆ๐๐ซ๐ญ ๐๐ซ๐ข๐ ๐๐๐ซ๐ค๐๐ญ size is expected to reach nearly US$ 10.70 Bn. by 2029 with the CAGR of 19% during the forecast period.
๐๐๐ญ ๐๐ง๐๐จ: https://www.maximizemarketresearch.com/market-report/enabling-technologies-for-the-smart-grid-market/71749/
๐๐ซ๐๐ฉ๐๐ข๐ ๐๐๐ญ๐ญ๐๐ซ๐ฒ ๐๐๐๐ฒ๐๐ฅ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ size is expected to reach nearly US$ 3.90 Bn. by 2029 with the CAGR of 5.9% during the forecast period.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/prepaid-battery-recycling-market/70885/
๐๐๐ ๐๐จ๐ง๐๐๐ง๐ญ๐ซ๐๐ญ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ size is expected to reach US$ 1.86 Bn by 2029, at a CAGR of 6.11% during the forecast period.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/voc-concentrator-market/65949/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical categories and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, category and demand analysis, and client impact studies.
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